No VAT will be charged on the hammer price, but VAT at 17.5% will be added to the buyer's premium, which is invoiced on a VAT inclusive basis.
Madame Andrieux, Grasse.
Anonymous sale, Christie's, London, 6 February 2003, lot 510.
Private collection, London, by whom acquired at the above sale, and thence by descent to the present owner.
THE PROPERTY OF A PRIVATE COLLECTOR